Job Description
What you'll do at
Position Summary...
What you'll do...
We are seeking a passionate
Senior Manager, Real Estate Acquisitions & Existing Portfolio (Sam’s Club) for our New Club Acquisition/Portfolio Management role. This more senior level position is crucial in executing growth strategies within their area of responsibility, including management of existing assets, site selection of new clubs, deal negotiation, and partnering with various stakeholders to solve problems. If you enjoy resolving issues, have a knack for dealmaking, and thrive in the real estate hunt, this role is for you. Extensive travel is required to visit sites and markets.
What You'll Do…- Portfolio Management and Issue Resolution
- Oversee portfolio management, surplus property, CAM reconciliations, and lease renewals.
- Act as a liaison to landlords and operations, handling issues such as maintenance and repair responsibilities.
- Ensure issues are resolved effectively, maintaining strong relationships with landlords and stakeholders at Sam’s.
- Growth Strategy Execution
- Understand and manage the existing fleet, including square footage and ownership/lease status.
- Identify real estate needs, including fuel expansion opportunities.
- Ensure meticulous attention to detail in map creation and preparation of tour books.
- Site Selection and Deal Negotiation
- Lead the search for new site locations and land acquisitions, focusing on specific trade areas geared towards Sam's Club.
- Negotiate deals, to include the execution of LOIs and ROEs. Work with the Legal team on contracts and oversee/assist in the preparation of comprehensive decks for leadership and committee reviews.
- Work with internal associates and external consultants to ensure smooth project closures and openings.
- Leadership
- Mentor and develop managers of projects
- Quarterback issues to resolution to include obtaining support from internal stakeholders
- Drive deals forward through uncertainty by being curious, having transparent and thorough communication, and with a solution focused mindset
What You'll Bring… - Acquisition experience is highly valued.
- Excellent communication and writing skills.
- Strong presentation skills for leadership.
- Confidence and boldness in deal negotiations.
- Attention to detail for maps and tour books.
- Curiosity and comprehensive understanding of the role.
- Flexibility to travel is a must
Join us if you are ready to take on the challenge and make a significant impact in our team! At Walmart, we offer competitive pay as well as performance-based bonus awards and other great benefits for a happier mind, body, and wallet. Health benefits include medical, vision and dental coverage. Financial benefits include 401(k), stock purchase and company-paid life insurance. Paid time off benefits include PTO (including sick leave), parental leave, family care leave, bereavement, jury duty, and voting. Other benefits include short-term and long-term disability, company discounts, Military Leave Pay, adoption and surrogacy expense reimbursement, and more. You will also receive PTO and/or PPTO that can be used for vacation, sick leave, holidays, or other purposes. The amount you receive depends on your job classification and length of employment. It will meet or exceed the requirements of paid sick leave laws, where applicable. For information about PTO, see . Live Better U is a Walmart-paid education benefit program for full-time and part-time associates in Walmart and Sam's Club facilities. Programs range from high school completion to bachelor's degrees, including English Language Learning and short-form certificates. Tuition, books, and fees are completely paid for by Walmart.
Eligibility requirements apply to some benefits and may depend on your job classification and length of employment. Benefits are subject to change and may be subject to a specific plan or program terms.
For information about benefits and eligibility, see One.Walmart .
The annual salary range for this position is $80,000.00 - $155,000.00 Additional compensation includes annual or quarterly performance bonuses. Additional compensation for certain positions may also include :
- Stock
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Minimum Qualifications...
Outlined below are the required minimum qualifications for this position. If none are listed, there are no minimum qualifications.
Minimum Qualifications
Bachelor’s degree in Real Estate or related field and 3 years’ experience in real estate, retail development, tenant representation, or related area
OR 5 years’ experience in real estate, retail development, tenant representation, or related area.
2 years’ experience in property management.
Preferred Qualifications...
Outlined below are the optional preferred qualifications for this position. If none are listed, there are no preferred qualifications.
Project and portfolio management, Supervisory
J.D., Masters: Business Administration
Primary Location...
2608 Se J St, Bentonville, AR 72716-3724, United States of America
Walmart and its subsidiaries are committed to maintaining a drug-free workplace and has a no tolerance policy regarding the use of illegal drugs and alcohol on the job. This policy applies to all employees and aims to create a safe and productive work environment.
Job Tags
Permanent employment, Full time, Temporary work, Part time,